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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Ahrend mops up the rest of Techo

Tuesday 22 April 2008

Ahrend is expanding its existing 75% interest in TECHO, market leader in the field of office furnishing in Central and Eastern Europe, to 100%.

TECHO, with its headquarters in the Czech capital city of Prague, has 328 employees, a turnover of 43.4 million (2007) and activities in the Czech Republic, Rumania, Hungary, Slovakia and the United Kingdom. For many years TECHO has shown above-average growth in Central and Eastern Europe, with turnover expanding by 49% in 2007.

Ahrend concluded a strategic cooperative alliance with TECHO in 2003; its current holding dates from October 2005. “In the years that we have been working with TECHO, the company has performed excellently and has shown above-average growth and healthy profit figures each year”, says Ahrend board chairman Jacq de Bruin. \"This is a logical step in our strategy to strengthen our position in Central and Eastern Europe. The region shows considerable economic growth every year, and this is reflected in the good sales potential for office furnishing.”

De Bruin: “After the take-over, the Ahrend group has 1460 employees and a turnover of 269.8 million (2007), making it one of the leading European players in the field of office furnishing. Alongside our position as market leader in the Benelux, we have now created a second domestic market with prominent clients.” Ahrend clients include global players such as ExxonMobil, ING Life and Skoda, while TECHO works for companies such as Xerox, General Electric and Daimler-Chrysler. These are clients that need and expect international supplies and service. Thanks to the combination of the two companies, they will both be even better able to serve these customers.

TECHO and Ahrend will continue to exist as individual brands so as to serve the potential of the furnishing market in Central and Eastern Europe. TECHO founder Jiri Kejval, who will continue as board chairman, says: “It is very important for Ahrend to acknowledge this potential and to make substantial investments in TECHO, particularly in the brand name, which is so widely known and recognised here. Being part of a strong organisation will help us continue to accelerate our growth and expand our product portfolio, and we can be of even better service to our international clients.”

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